Buying a crane is expensive, and the cost can add up when you factor in the operation, maintenance, and storage of the crane. The easiest and most economical option for accessing a crane is crane rentals. Even so, it's essential to know crucial details in crane leasing to help you make sound decisions and facilitate smooth transactions. 

Insurance Status

The leasing company is often responsible for providing safety amenities when leasing their cranes. However, it's always best to check how much you're liable for in case of unfortunate incidents that might lead to damage or injuries. Analyze the insurance documents provided by the leasing company to know the coverage you'll receive and whether it's something you need. Additionally, seek more insurance coverage for your employees if necessary to avoid unnecessary lawsuits. 

Leasing Terms and Conditions

Before leasing any crane, it's crucial to know the terms and conditions of how to use the cranes. The terms should also highlight the leasing period, cost, and whether or not the leasing company will handle any repairs to the cranes. Ensure you get a valid contract and go through it with a legal expert. Also, you should air grievances or address clauses that might not align with your work, such as lack of insurance coverage. 

Total Cost

Crane and operator leasing companies offer different packages, making it affordable to many businesses, regardless of their size and nature of business. Flat rate crane leasing is not advised for small-scale projects as the cost might be too much for many businesses. Such an arrangement is suitable for large-scale projects where the nature of work has the potential to change in terms of length and daily costs. 

Complimentary Services

Besides leasing out cranes, a good company offers complimentary services such as crane and operator rentals, HVAC equipment, and boom trucks. The immediate availability of such equipment eliminates the need to contract another company, which is a lengthy process. The crane rental companies also provide staff and operators to manage the cranes during the project. 

Operator's Skills

Crane operators are essential to any project due to their experience and skills. When leasing a crane, it's critical to ask for an operator for the effective and safe operation of the crane. The operators should be certified and readily available. 

Conclusion

Crane rentals have been a life-saver to small and medium businesses as they eliminate the need to buy new, costly machinery. Knowing the terms and conditions, leasing cost, insurance status, and complimentary services that come with the cranes is essential.

Contact a company like Floyd Steel Erectors, Inc. to learn more.